NORTH WEST PROVINCIAL GOVERNMENT ADJUSTMENT ESTIMATES OF PROVINCIAL REVENUE AND EXPENDITURE 2014/15 for the year ending 31st March 2015 PR352/2014 ISBN: 978-0-621-43229-9 To obtain additional copies of this document please contact; North West Provincial Treasury Third floor; Ga-Rona Building Private Bag X2060 Mmabatho 2735 Tel: (018) 388 4441 Fax: (018) 388 1748 e-mail:
[email protected] ii Foreword The 2014/15 budget adjustment is presented when the country’s economic performance has weakened since the beginning 2014. These require a strong fiscal discipline, which includes a culture of doing more with less collectively. The anticipated over-expenditure remains an area of concern especially given the increase in salary bill amidst the current expenditure ceiling. Compensation of employees should be managed down and savings from this expenditure item must be redirected to key provincial priorities which support the Agriculture, Culture and Tourism (ACT). The current economic challenges, which threaten the growth of government fiscus and the ability to improve and expand service delivery, must be seen as an opportunity to be more effective and efficient. Efforts will be directed towards achieving maximum efficiency by reducing the allocation of none core expenditure items whilst protecting the reasonable growth in items that support both national and provincial priorities. We have in past witnessed the “year-on-year” upwards adjustment to the baseline allocations of departments and we are in a period where wastage, irregular and fruitless expenditure will not be tolerated any more. Consequence management, innovation and creativity will be the organizational culture that would be deepened in the Public Service for better managed of limited resources without compromising the objectives of the National Development Plan.